Troup, TX75789

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$274,000
1.9% YoY Growth
Median Household Income
$83,600
65.1% 5-Year Growth
Days on Market
91
44.0% Longer than last year
Home Price Forecast
0.3%
Median Rent
$1,550
36.7% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,100
26.7% YoY Growth
3-Bed Rent
$1,800
6.2% YoY Growth

Property Listings — Troup, TX

As of Oct '25, Realtor.com reports that the median days on market for a home in Troup, TX is 91. This is a increase of 44.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 30.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$280,000-16.0%
Listing Count
531.0%
Listings as % of Homes0.6%1.0%
Days on Market
9144.0%
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Demographics — Troup, TX

As of the latest ACS Survey released in 2023, Troup, TX has a population of 8,330, which has increased by 4.5% over the past 5 years. Troup, TX is a popular place for families, as children make up 28.5% of the population. The area has a poorly educated workforce, with 22.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
8,3304.5%
% Under 18
28.5%4.0%
% Seniors
16.4%-5.2%
% WFH
5.7%29.5%
% w/ College Degree
22.1%11.6%
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As of the latest ACS Survey released in 2023, Troup, TX is a predominantly white area, with 72.0% of the population identifying as white. The white population has shrunk by 5.0% in the last 5 years. The second most common race or ethnicity in Troup, TX is hispanic, making up 13.8% of the population. Foreign-born residents account for 5.8% of the population in Troup, TX, and this percentage has increased by 7.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
72.0%-5.0%
% Black
10.8%5.9%
% Hispanic
13.8%7.8%
% Asian
0.4%∞%
% Foreign Born
5.8%7.4%
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Mortgage and Risk — Troup, TX

According to HUD data as of 2023, there were 139 mortgage originations in Troup, TX, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Troup, TX. Investor activity is low, as 11.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
139
% Conventional Loans
82.0%
% Government Loans
18.0%
% Investor Loans
11.0%
% Second Loans
1.0%
% Cash Out Refinance
8.0%

Loan Activity

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Rentals and Section 8 — Troup, TX

Troup, TX lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
35
Total Units Section 8
35
% Rentals under Section 8
6.8%
% Occupied Section 8
76.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$940
2 Bedroom$80$1,100$1,180
3 Bedroom-$200$1,800$1,600
4 Bedroom$30$1,750$1,780

Affordability — Troup, TX

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.2
Median Home Price$274,000
Median Household Income$83,600

Troup, TX — ZIP Code Boundary Map

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Frequently Asked Questions